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Distributed Systems Inspiring Minds/tutorialoutletdotcom If the decrease 2% in the price of a particular good and the amount demanded increases by 1%, how much is the price elasticity of demand FOR MORE CLASSES VISIT www.tutorialoutlet.com • MICRO ECONOMICS MICRO ECONOMICS INDEXWeek 1: INTRODUCTION TO MICROECONOMICS and PROBLEMS OF AN ECONOMYWeek 2: CONSUMER BEHAVIOUR Week 3: DEMAND AND LAW OF DEMAND